ARG 1.43% $9.21 argo investments limited

Share price rebound, page-27

  1. 812 Posts.
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    Your right they do tend to trade at large premiums but if you take a look at WAM Leaders they are actually bang on their NTA at the moment (and were actually trading under it for quite some time after they floated). WAM Global is also trading at a discount but they have only just listed so you would still have to wait another 6 months for some dividends to come through on that. If your looking for a "change up" LIC I probably wouldn't go with BKI because their portfolio and strategy is basically the same as ARG and AFI. They also have a frustrating habit of constant share issues that dilute their existing holders (just look under the BKI thread where you will find some annoyed shareholders discussing it). I took a closer look at Mirabooka after I brought it up yesterday and they are actually looking quite decent value to me at the moment. Their at a slight premium to NTA but have traditionally been about 10-15 percent ahead and their investment performance has been very good overtime. They also charge lower fees than WAM microcap. If they got down to parity with the NTA I'd be quite interested.
 
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Last
$9.21
Change
0.130(1.43%)
Mkt cap ! $6.815B
Open High Low Value Volume
$9.05 $9.21 $9.00 $2.817M 309.3K

Buyers (Bids)

No. Vol. Price($)
2 12126 $9.16
 

Sellers (Offers)

Price($) Vol. No.
$9.25 3618 2
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Last trade - 16.10pm 28/11/2024 (20 minute delay) ?
ARG (ASX) Chart
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